By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank has been paying insufficient attention to increased profits, which could be a driver of persistent inflation, Executive Board member Fabio Panetta said on Sunday.
2 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Vice-President Luis de Guindos said on Saturday that recent financial may lead to a drop in consumer confidence and lower demand.
1 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Core inflation is still significantly too high in the euro area, which means that the European Central Bank still has ground to cover, its President Christine Lagarde said on Friday.
31 March 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank has completed most of its rate hikes, though may possibly still have a little way to go, ECB Governing Council member François Villeroy de Galhau said on Friday.
31 March 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Thursday confirmed that interest rates would rise further if the ECB’s baseline materialised, but that specifics would hinge on developments up to the day of the decision.
30 March 2023
By Xavier D’Arcy – WASHINGTON, D.C. (Econostream) – Inflation in the euro area is now being driven principally by domestic demand rather than supply-side factors, European Central Bank Executive Board member Isabel Schnabel said on Wednesday.
29 March 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane said on Wednesday that if financial stress remained limited, more rate hikes would be necessary to bring down inflation in the Eurozone.
29 March 2023
By David Barwick – FRANKFURT (Econostream) – As if he heard opportunity knocking, European Central Bank Governing Council member Mário Centeno has been doubling down on his expressions of desire to see his peers start applying patience to the setting of monetary policy.
28 March 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank should only keep its balance sheet as large as necessary to ensure sufficient liquidity and effectively steer short-term interest rates, Executive Board member Isabel Schnabel said on Monday.
27 March 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mario Centeno on Monday said that the financial market tensions would inevitably have an effect on the ECB’s monetary policy.
27 March 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Monday that it was necessary to reduce the ECB’s bond holdings more quickly.
27 March 2023
By David Barwick – FRANKFURT (Econostream) – The recent financial tensions could cause a tightening of financial conditions that dampens growth and inflation, European Central Bank Governing Council member Pablo Hernández de Cos said Monday.
27 March 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mario Centeno on Monday urged that the ECB’s monetary tightening not go beyond what was required by inflation.
27 March 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mario Centeno on Monday called for patience in setting ECB monetary policy so as to let previous measures unfold their impact.
27 March 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel said on Sunday that although headline inflation was falling in the euro area, core inflation remained sticky.
26 March 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Vice-President Luis de Guindos said on Sunday that financial instability could possibly lead to lower growth and lower inflation in the euro area.
26 March 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Wednesday that the ECB’s job was not done yet and bold action would be necessary to tame inflation in the euro area.
24 March 2023
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will likely need to hike further at the May monetary policy meeting, but the decision won’t be made before all relevant information is available, according to Governing Council member Robert Holzmann on Thursday.
23 March 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Thursday said the ECB had to take into account that banking sector turmoil would effectively do part of its tightening job for it.
23 March 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Ignazio Visco said on Thursday that recent market turmoil meant policymakers needed to take a cautious approach to monetary policy.
23 March 2023